Do you need to replace the roof of your home? A lot rides on this decision, including home insurance costs. To a home insurance company, the roof is the most important part of your house. Because it's the gateway to far greater damage claims if it gets damaged.
The roof is the first layer that wind, hail, wildfire and other hazards really begin to act on. In more than 90% of hail or high-wind claims, there is a payout relative to the roof cover.
With insurance, a lot rides on your roof.
Because insurers have a vested interest in your roof, they price your home insurance accordingly, based on the soundness of its construction and what it will cost them to replace it. Premium incentives and disincentives for roof types vary widely by company and location.
If you live near a wildfire zone, you pay a lot if your roof is (made of) cedar shakes compared to asphalt shingles that are flame-retardant, or a metal roof that doesn't burn. Some home insurance companies won't even insure certain roof types, such as wood shakes, in high fire-risk areas.
Before you decide on roofing materials, you may want to check with your home insurance agent before you build or replace the roof to see what impact your roofing type might have on your premium. Companies are moving more and more toward 'actual cash value' coverage for a roof and not paying the full replacement cost.
What's the best roofing choice for you?
Look at the other homes in your neighborhood and you should consider the weather conditions and types of natural disasters that are common in your area. SB Roofing can also help you decide which roofing material is best for your home, neighborhood, home value and insurance premium. For more information on roofing materials, contact SB Roofing.